According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken are 524.69% higher in 2024 versus 1970 (a $104.94 difference in value).
Between 1970 and 2024: Fresh whole chicken experienced an average inflation rate of 3.45% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 1970 would cost $124.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for fresh whole chicken was lower.
In the year 1970: Pricing changed by -3.30%, which is significantly below the average yearly change for fresh whole chicken during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation for fresh whole chicken was much lower.
Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1970 | $20.00 | -3.30% |
1971 | $20.22 | 1.12% |
1972 | $20.42 | 0.99% |
1973 | $29.47 | 44.27% |
1974 | $27.62 | -6.25% |
1975 | $31.11 | 12.64% |
1976 | $29.38 | -5.57% |
1977 | $29.52 | 0.49% |
1978 | $32.73 | 10.85% |
1979 | $33.34 | 1.87% |
1980 | $36.08 | 8.22% |
1981 | $36.88 | 2.22% |
1982 | $36.21 | -1.83% |
1983 | $36.79 | 1.60% |
1984 | $41.64 | 13.19% |
1985 | $39.93 | -4.10% |
1986 | $44.10 | 10.45% |
1987 | $43.29 | -1.85% |
1988 | $47.79 | 10.41% |
1989 | $52.40 | 9.63% |
1990 | $51.56 | -1.59% |
1991 | $50.33 | -2.40% |
1992 | $50.39 | 0.13% |
1993 | $52.73 | 4.65% |
1994 | $53.53 | 1.51% |
1995 | $54.35 | 1.53% |
1996 | $58.30 | 7.27% |
1997 | $60.56 | 3.87% |
1998 | $60.98 | 0.70% |
1999 | $61.84 | 1.41% |
2000 | $62.24 | 0.65% |
2001 | $64.19 | 3.13% |
2002 | $64.61 | 0.66% |
2003 | $63.35 | -1.95% |
2004 | $69.69 | 10.00% |
2005 | $71.35 | 2.38% |
2006 | $70.32 | -1.43% |
2007 | $74.96 | 6.60% |
2008 | $79.43 | 5.95% |
2009 | $80.94 | 1.91% |
2010 | $80.65 | -0.36% |
2011 | $83.70 | 3.78% |
2012 | $87.68 | 4.75% |
2013 | $93.04 | 6.12% |
2014 | $96.31 | 3.50% |
2015 | $96.86 | 0.58% |
2016 | $95.32 | -1.60% |
2017 | $93.56 | -1.84% |
2018 | $94.94 | 1.48% |
2019 | $94.67 | -0.29% |
2020 | $99.60 | 5.21% |
2021 | $103.32 | 3.74% |
2022 | $117.15 | 13.38% |
2023 | $122.88 | 4.89% |
2024 | $124.94 | 1.68%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh whole chicken:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 36.223 | 38.331 | 39.808 | 39.685 | 35.585 | 35.969 | 38.723 | 46.538 | 55.408 | 57.277 | 58.592 | 65.977 | 69.500 | 77.069 | 72.669 | 69.531 | 72.862 | 73.131 | 71.308 | 64.392 | 67.008 | 58.738 | 57.315 | 56.585 | 51.577 | 52.423 | 47.362 | 50.008 | 49.269 | 48.169 | 49.785 | 52.731 | 48.746 | 51.146 | 54.123 | 52.338 | 52.923 | 53.446 | 77.108 | 72.285 | 81.423 | 76.885 | 77.262 | 85.646 | 87.246 | 94.415 | 96.515 | 94.754 | 96.269 | 108.969 | 104.500 | 115.415 | 113.277 | 125.069 | 137.115 | 134.938 | 131.700 | 131.869 | 138.000 | 140.085 | 142.223 | 152.562 | 158.469 | 159.577 | 161.823 | 162.877 | 167.977 | 169.092 | 165.792 | 182.369 | 186.708 | 184.031 | 196.176 | 207.853 | 211.823 | 211.065 | 219.049 | 229.451 | 243.490 | 252.024 | 253.483 | 249.434 | 244.847 | 248.459 | 247.733 | 260.639 | 270.383 | 306.568 | 321.563 | 326.951 |